22
QuizMultiple Choice

1.2 Resources and Scarcity

Question 22 • FL-2102340-Economics with Financial Literacy (Teacher Directed)

A company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. The company would most likely produce shirts that will

Answer
A
sell at a high price.
B
be less costly to create.
C
use a nonrenewable resource.
D
satisfy the wants and needs of consumers.

Explanation

A company makes products to meet what its customers want and need. Since this shirt is being made for a discount department store, the company would most likely design a style that appeals to the store’s shoppers. Therefore, the best answer is “satisfy the wants and needs of consumers.”

AI-written and checked against the verified answer.

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